February 18, 2025
TO: City Council
REQUESTED BY: Stuart McKibbin, City Engineer
APPROVED BY: Robert A. Johnson, City Manager
SUBJECT: Subdivision Agreement - Lennar Tract 38202 - Canterwood RECOMMENDATION:
Staff recommends that the City Council approve the Subdivision Improvement Agreements for Lennar Homes of California (“Developer”) specific to Tract 38202 in substantially the form set forth in the accompanying agreements and authorize the City Manager to execute any other documents necessary to implement said agreements.
DISCUSSION:
On June 12, 2021, the Developer submitted an application for approval of tentative tract map 38202 (the "Tract") to the City for review by the City Engineer. The Developer’s application for a tentative parcel/tract map for the Tract was deemed complete on January 16, 2024. The Tract represents a residential project consisting of 181 residential lots.
As per Sections 13.1 and 13.2 of the agreements, the Developer shall provide the City with security bonds in the amount based on the Engineer's approximation of the actual cost to construct the applicable public improvements. The California Subdivision Map Act (Gov. Code §§ 66410 et seq.) permits various forms of security. In this case, the Developer has opted to place traditional bonds as a form of security.
Pursuant to Chapter 16.24 of the San Jacinto Municipal Code and the applicable provisions of the Subdivision Map Act, the Developer, and City shall enter into these Agreements for the timely construction and completion of the public improvements and the furnishing of the security.
The Developer's execution of this agreement and the provision of the security are made in consideration of the City's approval of the final map for Tracts 38202.
FISCAL IMPACT:
Approval of this agreement will not impact the General Fund. All costs associated with the completion of the conditioned public improvements are the responsibility of the Developer.
ATTACHMENTS:
TR38202 Subdivision Improvement Agreement with Bonds